Amazon has the keys

The Biden administration said it will begin updating its guidance for travel, schools and other sectors, likely further relaxing rules across the U.S. after health officials largely lifted mask mandates for Covid-vaccinated people. While the move is a first major step towards normality, the new guidelines also put the onus on business to regulate employees and customers—something that’s proven to be controversial, and difficult, during the pandemic. For their part, a few major Las Vegas Casino owners are telling customers to ditch their masks, while Delta says all new hires must be vaccinated. The White House announcement also means managers are re-evaluating return to work plans, especially on Wall StreetMargaret Sutherlin

Bloomberg has launched a new section called Odd Lots, an expansion of our popular markets podcast with Executive Editors Joe Weisenthal and Tracy Alloway. Become a Bloomberg.com subscriber to get access to Odd Lots exclusives on the latest market crazes, the weekly newsletter and much more. Evening Briefing subscribers get 40% off.

Here are today’s top stories  

The inflation debate continues in the U.S.—the very one the Federal Reserve was trying to avoid. U.S. consumer sentiment deteriorated unexpectedly in early May as more Americans grew increasingly concerned about rising prices. After markets’ biggest retreat in 11 weeks over inflation data, equities seemed to level off Friday with the focus shifting on the benefits of an economic rebound. Here’s your markets wrap

Amazon union vote scandal. Security guards at an Amazon warehouse had keys to a mailbox the company encouraged employees to use to send in their ballots in a high-profile union vote, a worker said Friday in a National Labor Relations Board hearing.

The U.K. is stepping up its vaccinations to head off a fast-spreading variant from India. Prime Minister Boris Johnson warned the new strain could derail plans to end a lockdown there. India Prime Minister Narendra Modi warned that the Covid catastrophe in his country is moving from the cities to rural areas, where 70% of the 1.3 billion people live. A lack of healthcare infrastructure could make a rural outbreak especially deadly. Singapore is also returning to lockdown. Here’s the latest on the pandemic.

An Indian health worker takes a nasal swab sample in Jhargaon village, outskirts of Gauhati. Photographer: Anupam Nath/AP

When one of the creators of the cryptocurrency Ethereum donated more than 50 trillion Shiba Inu coins ($1 billion) into an aid fund for Covid-ravaged India, it raised more concern than relief. Not only did the contribution (more than 5% of total Shiba Inu coins in circulation) send prices plummeting by 50%, it also created questions about how to use the currency. It’s the latest story in one very wild week for crypto.

A bomb ripped through a mosque in northern Kabul during Friday prayers, killing 12 worshippers and wounding 15, Afghan police said, the latest in a surge in violence there as the U.S. prepares to leave.

Israel’s forces fired artillery into the Hamas-run Gaza Strip and kept up a blistering five-day air assault, sweeping aside international appeals for de-escalation. At least 120 Palestinians, including children, and nine Israelis have died.

High-earning Americans are now more likely to move homes than low earners—a reversal of the usual pattern—as the pandemic offers remote-work opportunities to white-collar employees.  

What you’ll need to know tomorrow 

Juul Finds Hell Hath No Fury Like Rich Parents 

The tobacco industry long ago learned that it was reliant on, and had to continually solicit, what it has referred to as “permission from society to exist.” Now, Juul is learning the same holds true for itself, with one special addition: The enemies you least want, Bloomberg Businessweek reports, are the parents of your teenage customers.

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Before it’s here, it’s on the Bloomberg Terminal. Find out more about how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. Learn more.

 

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Pipeline rebooted

Friday, May 14, 2021

Bloomberg Follow Us Get the newsletter The largest gasoline pipeline in America is returning to service, according to the company that runs it, after a cyberattack choked fuel supplies across the

The billionaire maker

Friday, May 14, 2021

Bloomberg Colonial Pipeline paid close to $5 million to foreign hackers in an effort to keep fuel flowing along the US East Coast, Bloomberg News reported Thursday. The ransom paid in cryptocurrency

Running on empty

Tuesday, May 11, 2021

Bloomberg Follow Us Get the newsletter Gasoline shortages across the US South are spidering north toward New York as panicky motorists race to fill up, fearful that a shutdown of North America's

America attacked, again

Monday, May 10, 2021

Bloomberg Follow Us Get the newsletter North America's biggest petroleum pipeline is in a race against time to overcome a cyberattack before regional reserves run dry. Colonial Pipeline said

When Bezos comes for you

Saturday, May 8, 2021

Bloomberg Follow Us Get the newsletter A global argument kicked off after the Biden administration threw its weight behind waiving intellectual property protections for Covid-19 vaccines, which would

Weekly Wrapup: Bills and Gambles

Saturday, July 24, 2021

Finshots Weekly Wrapup: Bills and Gambles In this week's wrapup we talk about the Monsoon Session of Parliament, Reliance's acquisition of Just Dial, the new drone regulations, and finally

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Friday, July 23, 2021

Bloomberg After a yearlong delay due to Covid-19, and some scandals and high profile resignations, the 2020 Tokyo Olympics are finally underway. The Games, the first ever without spectators, promise to

FTT Update: This Newsletter Requires Vaccination

Friday, July 23, 2021

​ ​ Hi all, Julie here. Happy Summer Friday all! Jordan and I close on our new home IN ONE WEEK! Ahhh! Keep us in your prayers as we hope that all goes well with that as well as the move itself. In the

Not Your Parents’ Mutual Funds: How Gen Z Is Investing

Friday, July 23, 2021

Why you should worry about the next crypto crash July 23, 2021 So much for babysitting or busing tables. Today's young adults are using the internet to make money, and not chump change either.

Ever Grande

Friday, July 23, 2021

Plus: Simply not Fintechery, Circle, Equity Research, Finally ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Taking Strategy Seriously

Friday, July 23, 2021

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Prices for Used Cars Are Soaring, and That Could Cost Drivers Who Aren’t Even Looking to Buy

Friday, July 23, 2021

The amount you receive if your car is a total loss may fall short of its replacement cost. July 23, 2021 INSURANCE Prices for Used Cars Are Soaring, and That Could Cost Drivers Who Aren't Even

Litigation Finance

Friday, July 23, 2021

Plus: Stress Tests, Revolut, Tink/Visa ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

The Long Slow Short

Friday, July 23, 2021

Plus: Robinhood/Distressed Investing, Banker Hours, Compound Treasury ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

What is Robinhood?

Friday, July 23, 2021

Plus: Buy Now Pay Later, M&A, Weather ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌